Collect at Least $200 in Passive Income Per Year by Investing $1,500 Into Each of These 3 Dividend Stocks

Core Insights - Investing in a combination of Brookfield Renewable, Phillips 66, and the Global X SuperDividend U.S. ETF yields an average of 4.8% [1] Group 1: Brookfield Renewable - Brookfield Renewable has a growing portfolio of renewable energy assets, doubling its generating capacity to approximately 37 gigawatts (GW) since 2020, with 65 GW of advanced-stage projects in the pipeline [2] - The company targets a steady dividend growth of 5% to 9% in the foreseeable future, having increased its distribution at a 6% compound annual growth rate over the past 20 years [2] Group 2: Phillips 66 - Phillips 66 has experienced volatility in profits due to fluctuating crude prices and demand, but has seen a surge in refining stocks since 2021, although recent sales and margins have declined [3][4] - The company has a clear capital return strategy, targeting a total shareholder distribution yield of 9.1%, with 3.1% from dividends and 6% from share repurchases, which has increased to 3.5% as stock prices fell [4] - Phillips 66 consistently raises its dividend regardless of market conditions, making it a reliable high-yield dividend stock [6] Group 3: Global X SuperDividend U.S. ETF - The Global X SuperDividend U.S. ETF invests in a basket of 50 high-yield stocks, helping to diversify stock-specific risk while providing a monthly distribution [7] - The ETF is heavily weighted in specific sectors, with energy stocks at 20%, utilities at 19.6%, real estate at 18.6%, and consumer staples at 10.9%, which may pose sector-specific risks [8] - The ETF offers a 6% dividend yield, appealing to investors looking for high-yield opportunities in relatively mature industries [8]